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Notes Payable
 3 Months Ended
Mar. 31, 2017
Notes Payable.  
Notes Payable

7.    Notes Payable

Solaris LLC has, on occasion, financed its annual insurance policies and certain vehicles.

Notes payable was comprised of the following at March 31, 2017 and December 31, 2016:

 

 

 

 

 

 

 

 

    

March 31, 

    

December 31, 

 

 

2017

 

2016

Notes payable to insurance finance company. Monthly installments of $11 including interest rate of 4.4%, with final payment due in January 2017

 

$

 —

 

$

11

Notes payable to vehicle companies. Monthly installments range from $0.2 to $0.7 including interest rates ranging from 0% to 6.6%, maturing at various dates through August 2020, and secured by vehicles

 

 

566

 

 

440

Total notes payable

 

 

566

 

 

451

Less: current maturities

 

 

(212)

 

 

(169)

Notes payable, net of current portion

 

$

354

 

$

282

 

The notes payable related to vehicle financings were repaid in full in May 2017.